how does the 'right' property manager enhance the value of your rental property?

Download How Does The 'Right' Property Manager Enhance The Value of Your Rental Property?

If you can't read please download the document

Upload: rentalchoice-find-property-management-comapnies-for-free

Post on 16-Apr-2017

400 views

Category:

Real Estate


0 download

TRANSCRIPT

How Does The 'Right' Property Manager Enhance The Value of Your Rental Property?

No property manager can execute perfectly but the "right" property manager knows how to keep properties functioning and making money 24 hours a day, 365 days a year.

What sets these property managers apart?

The "right" property manager can do for you is to keep your property rented.

In order to do this, they need to manage the tenant mix.

It helps if the property is located in a great location, but even if a property is located in a "C" location surrounded by crime, the right tenant selection can save it.

Property managers need to make it easy for a potential tenant to rent a property:

Clear and easy web access is critical

Online applications make it easy to apply

Ease of access to a rental unit and meeting with an on-site manager who wants you as a tenant and welcomes you to the property

Does The Property Look Good?

Tenants and owners both judge a book by its cover. The potential tenant will drive on by if:

The property does not look clean and picked up

The property looks work out and needs touch up paint

The asphalt looks old and the parking lot is not seal coated

Property Managers Should:

Have excellent, reliable vendors who are licensed and bonded

Make sure invoices are clearly marked by unit

Spot check property inspections to prove that the work has been completed as invoiced

Vendor policies in place that protect clients, properties and the property manager

The "right" property manager focuses on:

Preventative maintenance.

Staff availability 24 hours a day - 365 days a year.

Developing an annual budget and managing to that budget.

Choose Right Property Management Company At Rentalchoice